New restrictions mimic US rules on global exports of semi-conductor products to China
US president Donald Trump and Chinese leader Xi Jinping, whose countries’ 90-day trade truce will end next month. Photo: AP
China dramatically expanded its rare earths export controls yesterday, adding five new elements and extra scrutiny for semiconductor users, as Beijing tightens control over the sector ahead of talks between presidents Donald Trump and Xi Jinping.
China, which is the world’s largest rare earths producer, also added dozens of pieces of refining technology to its control list and announced rules that will require compliance from foreign rare earths producers who use Chinese materials.
source